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High-Visibility Retail/Office Opportunity
For Lease
$3,000/Mo

523 Boston Post Road, Old Saybrook, CT 06475

Retail or office space in high-traffic area, excellent visibility.

Space SizeContact for details
Lot Size0.23 Acres
Days on Market399

Property Features for 523 Boston Post Road

General Information

Standard status Active
Lot size 0.23 Acres
Property subtype Commercial

Amenities

Central air
Asphalt Shingle Roof
Hot Water Heating
Window Unit Cooling

Building Details

Year Built 1949
Listing Agency: Samuel Lyman, Broker
Listed By: SAM LYMAN · License #REB.0793484
Source: Corcoran
Added: Jul 10, 2025 Changed: Aug 11 Last Checked: Aug 11 at 8:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Samuel Lyman, Broker

Investment Insights

Based on property information with market context.

This 2,726 square foot, three-story building is situated on a 0.23-acre lot zoned B-2 (General Business District). The property features oil heat and window A/C units, with multiple ground-floor entrances. Located on a high-visibility corner at a traffic light on busy Route 1 near Main Street, it is directly across from a CVS and a Ford dealership. The property is approximately 0.5 miles from the I-95 on/off ramp. The location benefits from a traffic count of 21,000 vehicles per day (ADT). This property presents a retail or office opportunity in a high-traffic area with excellent visibility and accessibility, suitable for businesses seeking a presence on a major commercial corridor.

Key Highlights

  • High‑visibility corner location at a traffic light directly across from CVS and a Ford dealership.
  • Located on busy Route 1 near Main Street with a high traffic count of 21,000 vehicles per day.
  • Just 0.5 miles from I‑95 on/off ramp, providing excellent accessibility.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,065
Businesses Nearby

Demographics for 06475, CT

10,481
Population
5,983
Households
1.8
Avg Household Size
55
Median Age
57%
College-Educated
97%
High-School Grad
15.1 sq mi
ZIP Area
694
Density / Sq Mi
$119,500
Median Household Income
$55,081
Median Earnings
$1,823
Median Rent
$479,100
Median Home Value

Market

Lease Benchmarks for Old Saybrook, CT

$16.8 /SF/Yr
Avg Asking Price
$13.21–$24 /SF/Yr
Price Range
6,900 SF
Avg Space Size

This space is priced 21% below the average of $16.8 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail or office space in high-traffic area, excellent visibility.
Where is this retail space located?
The property is located at 523 Boston Post Road Old Saybrook, CT.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: High‑visibility corner location at a traffic light directly across from CVS and a Ford dealership.; Located on busy Route 1 near Main Street with a high traffic count of 21,000 vehicles per day.; Just 0.5 miles from I‑95 on/off ramp, providing excellent accessibility.
More about this property
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